By Usman Salame
5 Lucrative Offline Business With Huge Profits, knowing too well that there are ten to hundred of offline businesses one can start, even with little capital, and still make a huge profit from such business
You see, these days, many youths are embracing the internet kind of way of doing business. In as much as that is innovative of them and deserves to be applauded
There are still several offline businesses that have been neglected, probably because they feel it is peculiar to the older generations who do not have a connection with the present civilization and way of life.
So in this article, I will discuss simple on 5 lucrative offline businesses with huge profits, so pay attention to the start-up of one or two of the business niches I will be revealing hear is capable of changing your financial life for good
Yes in today world, more people now talk about online business, making the formal offline business becomes less attractive as many people think that the future of all business is now online
This is not comprehensively true, because every business if attended to and run properly, has the potential of bringing returns you never imagined.
The 5 Lucrative Offline Business With Huge Profits am to introduce you to, maybe offline define, but smart marketers can also find smart ways to use the internet technology to add some juice to his or her offline niche define business
Several business ideas are lying without gaining much attention from the youths. These businesses are equally capable of creating a reasonable source of income for anyone who decides to give it a try.
So to get you started with the list of 5 Lucrative Offline Business With Huge Profits, we are starting the very top one in our list, being Palm Oil Business
1: Palm Oil Business
This is one business that so many youths have looked away from; maybe because they feel it is old or it’s a women thing, something just makes them shy away from it.
Well, as the popular Pidgin English proverb stated: “Na for where man dey work, na there e dey chop”.
This simply means whatever legal business activities one is involved in, are what would guarantee their survival or livelihood. And whoever shies away from making an earnest living would find it hard to survive in a burdensome economy like Nigeria’s.
The palm oil business, like every other business, may not be easy, but there are creative ways to go about it. You don’t necessarily have to be present in your business to make money from it
You could decide to be an employer and get someone you trust to handle the business in your absence.
During the palm fruit harvest, palm oil making becomes very rampant that most rural people go into. At this point, 20 liters of oil costs roughly below N7000.
This oil production usually begins from the month of March, every year, and by December that same year, the price of the same quantity of the oil that once sold for N7000 would have almost tripled as it would be sold for N20000.
So imagine that you bought 5 of 25 liters of oil which would cost you N35000 and sold each one for N20000 when you deduct your capital of N35000, you would have N65000 left as your profit at the end of the year, and that’s a lot of money, given the margin between it and your capital.
As a wise business person, rather than spend the money, you could reinvest on a larger scale and reap your profits on a larger scale as well, before long you could become a stable earner from palm oil.
2: Reselling of Food Items:
Reselling food items is another lucrative business one can do to earn a living. In the northern part of Nigeria, things—especially food items—are relatively cheap.
You could get a bag of local rice for a cheap amount from the north and sell it at a good price in the southern parts where food
Items are usually very expensive. These food items could include rice, beans, maize, and other items that are highly in demand in the southern part of the country.
To better reap the benefits of this business, it is advised to buy in large quantities and sell in units, this way, you are assured of maximum profit.
3: Selling of Second-Hand Clothes:
A lot of Nigerians do not have a high purchasing power so they rather go for the cheaper version of what they want, rather than have nothing at all
This means that Second-hand clothes popularly referred to as Okrika could be a good business to earn a decent living from considering the cheap prices of the clothes.
You could buy as many Okrika as your money can afford and sell at a busy area where you are confident that people would patronize you.
Since your potential customers are not shy to patronize you, why should be shy to sell to them and earn a humble living?
4: Dry Cleaning Services:
We have so many people who want their clothes and other materials washed and ironed because they do not have the time or for other reasons.
You could become their dry cleaner and avail yourself when they need your service. You don’t necessarily need to have a shop or place of work, you could do them in your house
All you need are the necessary work equipment like buckets, available water, a table, a pressing iron, a hanger, and other basic relevant items,
But if you can afford a small shop, it would make things easier. Although, this business requires a high level of diligence and honesty, as that is the only way you can gain the confidence of your customers and earn their trust.
This business thrives based on trust so you might want to give your all and be very honest to gain more customers, by doing so; you rest assured of so much profit that will make you want to expand.
5: Production of Liquid Soaps:
This particular business does not require much capital to start; as paltry as N5000 is enough to buy the raw ingredients from the market and start soap making.
If you do not have prior knowledge of soap making, you could use YouTube videos to learn, or better still, you could seek knowledge on how to make liquid soaps elsewhere.
Soap making does not require much effort, most of the time, you wouldn’t be doing anything aside from mixing up the ingredients and stirring very well for the desired result.
With just a starter fee of N5000 capital could make you liquid soap plenty enough to fill 100 small pet bottles. If you sell one pet bottle for N100 which is a comfortable price for most Nigerians, you would be getting twice your initial capital or even more.
However, the thicker the liquid the more patronage you get from customers.
It is not an only online business that brings much profit as there are still so many businesses ideas offline that have not been fully tapped
It is just for you to look well and pay attention to your environment and see how you can be a solution to a problem, that way, it would only be a matter of time before you become a person of importance and value.
While thinking of online business, also know that there are offline businesses one can start, just as we have listed 5 Lucrative Offline Business With Huge Profits
There are others OFFLINE BUSINESS one can start, for example, going into the raw Honey business, which we did not talk about here
I know a graduate friend of mine after we graduated and left for NYSC when Passing out from NYSC, many of us, Corpers are happy to return to our various states
But this friend of mine refuses to return, he chooses to remain at the village where we served for no reason only because he wants to go into Honey Business and guess what
He went into buying honey from local villages, then rebranded it, traveled to Aba, rebranded a plastic can bottle, and start honey distribution business to shops, supermarkets, private homes
Today he is a good millionaire, in fact, his brand of Honey is selling online, he has one of the top seller shops in Jumia and Amazon. Yes his product is selling on Amazon and he is making dollars daily selling on Amazon
You have read ‘5 Lucrative Offline Business With Huge Profits’ now is time for action, what offline business can you start, do you need more information or help on how you can go about it, if yes, kindly use the comment box to drop your question
I will read your question and provide you the necessary information you need to get started. with thanks for reading, Yours Usman Salame, writing from AfriNOTES, Africa multipurpose portal for Africa global tiers. Stay safe and be happy